Maple Gold Mines Balance Sheet Health
Financial Health criteria checks 5/6
Maple Gold Mines has a total shareholder equity of CA$3.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.4M and CA$2.9M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.30m |
| Equity | CA$3.48m |
| Total liabilities | CA$2.93m |
| Total assets | CA$6.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3G's short term assets (CA$6.2M) exceed its short term liabilities (CA$2.8M).
Long Term Liabilities: M3G's short term assets (CA$6.2M) exceed its long term liabilities (CA$112.3K).
Debt to Equity History and Analysis
Debt Level: M3G is debt free.
Reducing Debt: M3G had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: M3G has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: M3G has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.5% each year